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2022-03-31-accounts

Page
Reference and administrative details ofthe charity, its Trustees and advisers
Trustees' report 2-4
Independent
examiner's
report
Statement offinancial activities
Balance sheet
Notes to the financial statements 8-18

Unrestricted Restricted Total Total
funds funds funds funds
2022 f 2022 f 2022
F
2021
Income from:
Donations and legacies 2 222,519 61,850 284,369 204,861
Other trading
activities
39,838 39,838 1,339
Total income 262,357 61,850 324,207 206,200
Expenditure
on:
Charitable
activities
269,490 54,911 324,401 153,300
Total expenditure 269,490 54,911 324,401 153,300
Net (expenditure)/income (7,133) 6,939 (194) 52,900
Transfers
between
funds 10 (1,427) 1,427
Net movement
in
funds (8,560) 8,366 (194) 52,900
Reconciliation
of
funds:
Total funds brought forward 74,738 4,775 79,513 26,613
Net movement
in funds
(8,560) 8,366 (194) 52,900
Total funds carried forward 66,178 13,141 79,319 79,513

Note 2022f 2021f
Fixed assets
Tangible assets 1,532 1,363
Current assets
Debtors 4,102 7,016
Cash at bank and in hand 90,559 103,266
94,661 110,282
Creditors: amounts falling due within one
year 9 (16,874) (32,132)
Net current assets 77,787 78,150
Total net assets/(liabilities) 79,319 79,513
Charity funds
Restricted funds 10 13,141 4,775
Unrestricted
funds
10 66,178 74,738
Total funds 79,319 79,513

Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
F
Grants 196,058 61,850 257,908 202,505
Government grants 26,461 26,461 2,356
Tots I 2022 222,519 61,850 284,369 204,861
Total 2021 195,266 9,595 204,861

Charitable activities
Total 2021
Activities
undertaken Total Total
directly Support costs funds funds
2022 2022 2022 2021
297,529 26,872 324,401 153,300
133,605 19,695 153,300

Total Total
Activities funds funds
2022 2022 2021
8
Staff costs 82,525 82,525 78,541
Domestic arts projects 54,911 54,911 37,774
Artistic projects 46,703 46,703
Artist development 9,953 9,953 7,393
Staff costs direct 922 922 3,065
Promoting
charitable
activities 3,533 3,533 2,412
Sundry expenses 6,339 6,339 1,310
Board Related Costs 3,559 3,559
CRF Pathway 3,344 3,344
Leicester City Takeover 84,557 84,557
International
arts projects
1,183 1,183 3,110
297,529 297,529 133,605
Total 2021 133,605 133,605

Total Total
Activities funds funds
2022 2022 2021
E 6
Wages and Salaries 4,103 4,103 4,750
Depreciation 979 979 596
General office expenses 257
Computer
and software
191 191 179
Bank (income) Icharges (23) (23) 15
Insurance 1,297 1,297 1,441
Legal fees 2,253 2,253 195
Travelling 3,509 3,509 202
Postage and stationery 918 918 1,082
Subsistence and accommodation 1,224 1,224 662
Governance - accountancy costs 12,421 12,421 10,316
26,872 26,872 19,695
Total 2021 19,695 19,695
4. Independent examiner's remuneration
2021 2021
E
Fees payable to the charity's independent examiner for the independent
examination ofthe charity's annual accounts 2,200 1,525
5. Staffcosts
2021 2021
6
Wages and salaries 82,165 81,723
Social security costs 2,640
Contribution to defined contribution pension schemes 1,823 1,568
86,628 83,291

NOTES TO THE FINANCIAL STATEM
FOR THE YEAR ENDED 31 MARCH
NOTES TO THE FINANCIAL STATEM
FOR THE YEAR ENDED 31 MARCH
ENTS
2022
7. Tangible fixed assets
Office
equipment
F
Cost or valuation
At 1 April 2021 5,872
Additions 1,148
At 31 March 2022 7,020
Depreciation
At 1 April 2021 4,509
Charge for the year 979
At 31 March 2022 5,488
Net book value
At 31 March 2022 1,532
At 31March 2021 1,363
8. Debtors
2022 2021
8
Prepayments
and accrued income
4,102 7,016
9. Creditors: Amounts falling due within one year
2022 2021
Other loans 27,000
Trade creditors 815 1,066
Other taxation and social security 1,925 993
Other creditors 840 573
Accruals and deferred income 13,294 2,500
16,874 32,132

Statement offunds - current year current year
Balance at 1 Transfers Balance at 31
April 2021 Income Expenditure in/out March 2022
F 8 F 6
Unrestricted
funds
Designated
funds
Designated
Funds - all
funds 35,000 (35,000) 6,000 6,000
General funds
General Funds-
all
funds 39,738 262,357 (234,490) (7,427) 60,178
Total Unrestricted funds 74,738 262,357 (269,490) (1,427) 66,178
Designated
funds: due
to the global pandemic our flagship
event was moved
from February 21 to 2022.
Thanks to the support ofthe ACE Cultural
Recovery Fund we were able to recoup spent funds and these
funds are committed and designated to the delivery ofLeicester 2022.
Restricted funds
Eurodesk Talent Pipeline 1,926 1,926
HLF Lacemaker/Patron Saints
Day 213 213
Young Creative Award 450 (450)
NCC Family Friendly Funds 2,636 2,636
Leicester 2022 2,000 (2,000)
Robert Walters Award 18,750 (20,060) 1,310
Future Producers 40,500 (32,134) 8,366
NCC Light Night 150 (267) 117
4,775 61,850 (54,911) 1,427 13,141
Total offunds 79,513 324,207 (324,401) 79,319

Balance at
Balance at Transfers 31March
1 April 2020 Income Expenditure infout 2021
8
Unrestricted
funds
Designated
funds
Designated
Funds -
all funds 35,000 35,000
General funds
General
Funds - all funds
21,831 196,605 (132,833) (45,865) 39,738
Total Unrestricted funds 21,831 196,605 (132,833) (10,665) 74,738
Restricted funds
Eurodesk Talent Pipeline 1,933 5,095 (5,102) 1,926
HLF Lacemaker/Patron Saints
Day 213 213
Young Creative Award 800 (600)
NCC Family Fdendly Funds 2,636 2,636
Leicester 2022 3,000 (13,709) 10,709
Engagement
Projects
150 (240) 90
The Mighty Creatives 750 (816) 66
4,782 9,595 (20,467) 10,865 4,775
Total offunds 26,613 206,200 (153,300) 79,513

Summary offunds - current ye ar
Balance at 1 Transfers Balance at 31
April 2021
F
Income
f
Expenditure
E
in/out
8
March 2022
8
Designated funds 35,000 (35,000) 6,000 6,000
General funds 39,738 262,357 (234,490) (7,427) 60,178
Restricted funds 4,775 61,850 (54,911) 1,427 13,141
79,513 324,207 (324,401) 79,319
Summary offunds - prior year
Balance at
Balance at Transfers 31March
1 April 2020 income Expenditure inyoui 2021
8
Designated funds 35,000 35,000
General funds 21,831 196,605 (132,833) (45,865) 39,738
Restricted funds 4,782 9,595 (20,467) 10,865 4,775
26,613 206,200 (153,300) 79,513

Analysis ofn et assets between funds - curr ent year
Unrestricted Restricted Total
funds funds funds
2022 2022 2022
F E
Tangible fixed assets 1,532 1,532
Current assets 81,520 13,141 94,661
Creditors due within one year (16,874) (16,874)
Total 66,178 13,141 79,319

Analysis ofnet assets between funds - prio r year
Unrestricted Restncted Total
funds funds funds
2021 2021 2021
8
Tangible fixed assets 1,363 1,363
Current assets 105,507 4,775 110,282
Creditors due within one year (32,132) (32,132)
Total 74,738 4,775 79,513